Deutsche Telekom raises dividend, sees more growth in 2017

Nieuws Algemeen Europa 2 MAR 2017
Deutsche Telekom raises dividend, sees more growth in 2017

Deutsche Telekom reported revenues in 2016 up 5.6 percent to EUR 73.1 billion, and adjusted EBITDA rose 7.6 percent to EUR 21.4 billion, better than expected. Free cash flow increased 8.6 percent to EUR 4.9 billion, after a 1.3 percent rise in cash capex to EUR 11.0 billion. 

The company's net profit was down 17.8 percent to EUR 2.7 billion, due to a writedown in Q4 of EUR 2.2 billion on the value of its 12 percent stake in BT. Adjusted net profit was stable at EUR 4.1 billion, and DT proposed a 5-cent increase in its dividend to EUR 0.60 per share. 

For 2017, Deutsche Telekom forecast further revenue growth and an increase in adjusted EBITDA of just under 4 percent to around EUR 22.2 billion. Free cash flow is expected to grow 12 percent to EUR 5.5 billion, and the dividend should increase in equal measure. The ongoing increase in customer numbers in the US and improving results in the German market are the main growth drivers. 

This year the company will also report a new segment: Group Development. The objective of the new unit is to actively manage and increase the value of selected subsidiaries and equity investments of the group. These include T-Mobile Netherlands, Deutsche Funkturm and Deutsche Telekom Capital Partners, as well as the equity investments in BT, Scout24, and Stroer. The unit also handles the group functions of mergers & acquisitions and strategic portfolio management and is headed by executive VP Thorsten Langheim. 

For the fourth quarter, DT reported revenues up 9.4 percent to EUR 19.5 billion, and adjusted EBITDA rose 2.4 percent to EUR 5.3 billion. The growth was led by a 25.6 percent increase in revenue at T-Mobile US to EUR 9.4 billion, while the German operations fell by 0.5 percent to EUR 5.6 billion, and revenue in the rest of Europe was down 1.7 percent to EUR 3.3 billion. 

Categories:

Algemeen

Companies:

Deutsche Telekom,  BT

Regions:

Europa

Countries:

Duitsland

Tags:

Voice services, Data services, Financial figures, Wireline, Wireless, Internet Access

Related Articles

EUROPA 4 SEP 2018

Deutsche Telekom promotes M&A chief Langheim to board director

Deutsche Telekom is promoting its corporate development VP Thorsten Langheim to board member and giving him his own department to manage the company's US operations and group development. He is expected to take up the new role of board member and head of the 'USA and Group Development' department from 01 January 2019. 

DUITSLAND 17 MAY 2018

Deutsche Telekom CEO announces new broadband targets at shareholder meeting

Deutsche Telekom CEO Tim Hoettges has stressed the company's leading role in Germany's broadband roll-out and announced new targets for Telekom's broadband strategy at the company's annual shareholder meeting in Bonn. Telekom is pursuing a strategy of "billions for millions" that aims to provide 26 million households with internet up to 100 Mbps and 15 million households with broadband up to 250 Mbps by the end of the year, said Hoettges.

EUROPA 9 NOV 2017

Deutsche Telekom raises FY outlook again after Q3 growth

Deutsche Telekom has again raised its full-year outlook, after reporting solid growth in Q3 results, led by its activities in the US. Revenues rose 0.8 percent to EUR 18.3 billion, and adjusted EBITDA was up 3.3 percent to EUR 5.7 billion. On an organic basis, excluding notably the impact of the weaker dollar, revenues increased 3.3 percent and EBITDA 5.7 percent. 

MONTENEGRO 26 JUL 2017

Crnogorski Telekom H1 net profit more than halves to EUR 2.2 million

Montenegrin operator Crnogorski Telekom ended the first half of 2017 with a net profit of EUR 2.2 million, down from EUR 5.2 million a year earlier. EBITDA amounted to EUR 14 million, which is EUR 1 million less than in the same period of 2016. Revenues were EUR 41.2 million, down EUR 3.3 million year-on-year.

DUITSLAND 28 JUN 2017

Deutsche Telekom sees record take-up of stock dividend

Deutsche Telekom announced a record take-up for its stock dividend for 2016, with about 49 percent of shares opting for stock rather than cash. This reduces the company's cash outflow this year by around EUR 1.4 billion. Almost 85 million new shares will be issued to pay the dividends, equal to around 1.8 percent of the total outstanding shares.

POLEN 2 MAY 2017

T-Mobile Poland likely to post stable Q1 results yr-on-yr

Analysts expect that the results of T-Mobile Poland for the first quarter will be approximately the same as those for the first quarter of 2016, reports Telko.in. The results will be published by the group Deutsche Telekom on 11 May. The median of forecasts of revenues for T-Mobile Poland in the first quarter is EUR 377 million and the average is EUR 369 million. In Q1 2016, T-Mobile reached EUR 378 million. The forecast median and average for EBITDA in Q1 are EUR 115 million and EUR 114 million, respective

DUITSLAND 8 MAR 2017

Deutsche Telekom loses technical services head

Deutsche Telekom's CEO of technical services Thomas Freude will leave the company on 31 March. Freude is leaving voluntarily to pursue "new challenges outside of Telekom," according to a statement from the company. Freude joined Deutsche Telekom as the head of Telekom Shop distribution in 2007, then took on the role of CEO of the Telekom Shops in 2010. He was named to his current role in January 2012. Prior to joining Telekom, he was managing director retail at the Otto Group.

SLOWAKIJE 3 MAR 2017

Slovak Telekom Q4 revenues down 4.7 percent

Slovak Telekom, a 100-percent subsidiary of Deutsche Telekom, reported revenues of EUR 766 million for 2016, down 2.2 percent compared to 2015. In the fourth quarter alone, revenues fell 4.7 percent to EUR 202 million. Annual EBITDA in 2016 increased by 2 percent to EUR 302 million, while EBITDA in Q4 2016 recorded a 3.1-percent year-on-year decrease to EUR 62 million.

TSJECHIË 2 MAR 2017

T-Mobile Czech Republic returns to FY service revenue growth

T-Mobile Czech Republic reported 0.5-percent year-on-year growth in its mobile customer base in 2016 to 6.049 million. In the fourth quarter, net additions improved to 46,000, including 40,000 contract customers. The postpaid base rose by 2.5 percent over the year to 3.687 million. T-Mobile said mobile services revenue returned to growth after years of decline, rising 0.9 percent to CZK 18.3 billion in 2016. This was driven by growing usage, especially data services, and ARPU increased 0.4 percent to CZK 25

OOSTENRIJK 2 MAR 2017

T-Mobile Austria adds 229,000 customers in Q4

T-Mobile Austria reported 4.594 million customers at the end of 2016, an increase of 6.3 percent after adding 271,000 customers over 2016. The mobile operator had a strong finish to the year, with net additions of 55,000 postpaid customers and 174,000 prepaid users in Q4. In the fourth quarter, mobile service revenues were up 3.9 percent year-on-year to EUR 186 million, while EBITDA fell 35.9 percent to EUR 41 million.

POLEN 2 MAR 2017

T-Mobile Poland's revenues up 4.8% in Q4

T-Mobile Poland reported 10.634 million mobile customers at the end of 2016, a decrease of 11.8 percent compared to the end of 2015. In the fourth quarter alone, the company lost 587,000 customers, due largely to the disconnection of unregistered prepaid users. T-Mobile showed continued improvement in the postpaid market, gaining 70,000 new subscribers during the three months, while losing 657,000 prepaid customers compared to September. In the fourth quarter, revenue was up 4.8 percent to PLN 1.723 billion

GRIEKENLAND 2 MAR 2017

OTE ups dividend, plans higher capex in 2017

Greek operator OTE proposed a strong increase in its annual dividend, after reporting stabilising results for 2016. The company controlled by Deutsche Telekom will pay EUR 0.16 per share, up from EUR 0.10 in 2015. This follows annual revenues up 0.1 percent to EUR 3.908 billion, and net profit down 7.8 percent to EUR 140 million. Adjusted operating cash flow was up 0.8 percent in the year to EUR 1.085 billion, while capital expenditure also rose 10.1 percent to EUR 627 million as OTE expanded investment in

DUITSLAND 2 MAR 2017

Telekom Deutschland Q4 sales down 0.5%, EBITDA grows

Telekom Deutschland reported fourth-quarter revenues down 0.5 percent year-on-year to EUR 5.63 billion, while adjusted EBITDA rose 2.8 percent to EUR 2.15 billion. The company blamed the lower revenues on weaker handset sales and the decline in traditional single-play services, which was not completely offset by growth in broadband and multi-plays. Both fixed and mobile service revenues were down 0.3 percent year-on-year. EBITDA benefited from a 2.5 percent reduction in adjusted operating expenses.

NEDERLAND 2 MAR 2017

T-Mobile NL sales up 4.7% in Q4, adds 71,000 postpaid subs

T-Mobile Netherlands reported fourth-quarter revenues of EUR 356 million, up 4.7 percent from a year earlier. Mobile revenues were up 3.5 percent to EUR 352 million, and the company added EUR 4 million from the takeover of Vodafone's fixed business in December. EBITDA fell 35 percent to EUR 77 million, including a small loss from the fixed activities, and capex declined 38 percent to EUR 29 million. Free cash flow (EBITDA minus capex) declined 32 percent to EUR 48 million. The mobile operator added 71,000 p

NOORD-MACEDONIË 24 FEB 2017

Makedonski Telekom sees 17% drop in net profit in 2016

Makedonski Telekom ended 2016 with MKD 1.03 billion of net profit, down 16.6 percent on the previous year. Sales revenue fell 1.2 percent to MKD 10.485 billion. Results fell due to a 14 percent drop in fixed voice revenue and 5 percent lower mobile voice service revenue, while the company grew its customer base in the broadband and TV markets.

Just In

16:42

SLT-Mobitel launches 5G network in Sri Lanka

16:19

Dialog Axiata launches 5G network, connects 1.5 million subscribers

15:56

UK govt to ban AI-enabled nudification apps to protect women, girls

15:42

3 UK launches last-minute Christmas sale

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins

Complete profile

Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.